308 GROVE ST N, ST PETERSBURG, FL, 33701
$2,450,000
Residential Income
Bedrooms
8
Bathrooms
12
Living Area
7,252 Sqft
Lot Size
5,218 Sqft
PRIME OPPORTUNITY to acquire a 12 UNIT property in the booming MIRROR LAKE area of DOWNTOWN ST PETERSBURG proper!!! Walkable to all of the in demand destinations downtown St Pete this is a GREAT UNIT MIX of 7 Loft-Like Studios, 2 1-Bedroom apartment, and 3 2-Bedroom apartments - high-demand products in our booming rental market. With ON-SITE LAUNDRY, wood floors, updated units, fresh paint, FULLY SEPARATELY METERED FOR ELECTRIC and a 2014 ROOF all just off Mirror Lake, and just a few blocks to Central Ave make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a booming pocket of Downtown St Petersburg with multiple large projects going up 1 block away in multiple directions, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW and SIGNIFICANT UP-SIDE for the next owner. This area is IN HIGH-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is in an IDEAL LOCATION for Tenants!! Walk to Central Ave, Beach Drive, and all of the excellent restaurants, shops and breweries, and ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Don't wait - invest now in the future of St Pete!!! 1 unit available for showings currently - contact today to schedule.
Property Details
Property Features Property Features
MLS ID: MFRU8244696 Year Built: 1901
Appliances: Dryer, Range, Refrigerator, Washer Construction Materials: Block, Other, Stucco, Wood Frame
Cooling: Wall/Window Unit(s) Country: US
Exterior Features: Courtyard Flooring: Ceramic Tile, Laminate, Vinyl, Wood
Foundation Details: Other, Stem Wall Heating: Baseboard, Wall Units / Window Unit
Laundry Features: Laundry Closet Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Lot Features: City Limits, Near Marina, Near Public Transit, Sidewalk
Property Sub Type: Multi-Family Property Type: Residential Income
Road Surface Type: Brick Roof: Other, Shingle
Security Features: Security Gate Sewer: Public Sewer
Showing Requirements: Call Listing Agent, Listing Agent Must Accompany Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected View: City, Garden, Park/Greenbelt
Water Source: Public
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